Steve Bailey - PennyMac Mortgage Chief Mortgage Operations Officer

PMT Stock  USD 13.56  0.29  2.19%   

Executive

Mr. Steve Bailey is Senior Managing Director and Chief Mortgage Operations Officer of the Company. Mr. Bailey served as our chief operations officer from February 2015 to February 2016, as our chief mortgage operations officer from May 2013 to February 2015 and as our chief servicing officer from February 2012 to May 2013. Mr. Bailey also has served in a variety of similar executive positions at PNMAC since March 2011 since 2016.
Age 54
Tenure 8 years
Address 3043 Townsgate Road, Westlake Village, CA, United States, 91361
Phone818 224 7442
Webhttps://pmt.pennymac.com
Bailey is responsible for overseeing the servicing of our portfolio of mortgage loans and real estate acquired upon settlement of loans, including the implementation of the methods and programs directed at improving the value of acquired loans, as well as setting and managing performance goals for all aspects of the servicing and loan administration functions. Prior to joining PNMAC, Mr. Bailey served in a variety of executive and leadership positions within Countrywide from May 1985 until February 2010.

PennyMac Mortgage Management Efficiency

The company has Return on Asset of 0.0148 % which means that on every $100 spent on assets, it made $0.0148 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1019 %, implying that it generated $0.1019 on every 100 dollars invested. PennyMac Mortgage's management efficiency ratios could be used to measure how well PennyMac Mortgage manages its routine affairs as well as how well it operates its assets and liabilities. At this time, PennyMac Mortgage's Return On Tangible Assets are comparatively stable compared to the past year. Return On Capital Employed is likely to gain to 0.11 in 2024, whereas Return On Equity is likely to drop 0.08 in 2024. At this time, PennyMac Mortgage's Total Current Liabilities is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 88.3 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 7.6 B in 2024.
The company has 10.47 B in debt with debt to equity (D/E) ratio of 5.24, demonstrating that the company may be unable to create cash to meet all of its financial commitments. PennyMac Mortgage has a current ratio of 0.84, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist PennyMac Mortgage until it has trouble settling it off, either with new capital or with free cash flow. So, PennyMac Mortgage's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like PennyMac Mortgage sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PennyMac to invest in growth at high rates of return. When we think about PennyMac Mortgage's use of debt, we should always consider it together with cash and equity.

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PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. PennyMac Mortgage Investment Trust was founded in 2009 and is headquartered in Westlake Village, California. Pennymac Mortgage operates under REITMortgage classification in the United States and is traded on New York Stock Exchange. It employs 1 people. PennyMac Mortgage Investment (PMT) is traded on New York Stock Exchange in USA. It is located in 3043 Townsgate Road, Westlake Village, CA, United States, 91361 and employs 7 people. PennyMac Mortgage is listed under Mortgage Real Estate Investment Trusts (REITs) category by Fama And French industry classification.

Management Performance

PennyMac Mortgage Leadership Team

Elected by the shareholders, the PennyMac Mortgage's board of directors comprises two types of representatives: PennyMac Mortgage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PennyMac. The board's role is to monitor PennyMac Mortgage's management team and ensure that shareholders' interests are well served. PennyMac Mortgage's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PennyMac Mortgage's outside directors are responsible for providing unbiased perspectives on the board's policies.
Daniel Perotti, Chief Financial Officer, Senior Managing Director
Andrew Chang, Chief Financial Officer, Senior Managing Director
Steve Bailey, Chief Mortgage Operations Officer
Anne McCallion, Senior Managing Director, Chief Enterprise Operations Officer
Derek JD, Chief MD
Scott Carnahan, Independent Trustee
Randall Hadley, Lead Independent Trustee
Derek Stark, Senior Managing Director, Chief Legal Officer, Company Secretary
Stacey Stewart, Independent Trustee
David Spector, Chairman of the Board, President, Chief Executive Officer
Jeffrey Grogin, Chief Enterprise Operations Officer, Senior Managing Director
David Walker, Chief Risk Officer, Senior Managing Director
Catherine Lynch, Independent Director
Douglas Jones, Senior Managing Director, Chief Mortgage Banking Officer
Steven Bailey, MD Officer
Nancy McAllister, Independent Trustee
Renee Schultz, Independent Trustee
Scott Bridges, Senior Division
Isaac Garden, First Relations
Gregory Hendry, Chief Officer
Frank Willey, Independent Trustee
Vandad Fartaj, Chief Investment Officer, Senior Managing Director
Preston DuFauchard, Independent Lead Trustee
Marianne Sullivan, Independent Trustee
Christopher Oltmann, Director - Investor Relations
Kevin Chamberlain, Executive Relations
William Chang, Senior Officer
Pamela CPA, MD Treasurer
Stanford Kurland, Executive Chairman of the Board of Trustees
James Follette, Senior Officer
Clay Halvorsen, Independent Trustee

PennyMac Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is PennyMac Mortgage a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PennyMac Mortgage in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PennyMac Mortgage's short interest history, or implied volatility extrapolated from PennyMac Mortgage options trading.

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When determining whether PennyMac Mortgage is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if PennyMac Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pennymac Mortgage Investment Stock. Highlighted below are key reports to facilitate an investment decision about Pennymac Mortgage Investment Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennyMac Mortgage Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running PennyMac Mortgage's price analysis, check to measure PennyMac Mortgage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PennyMac Mortgage is operating at the current time. Most of PennyMac Mortgage's value examination focuses on studying past and present price action to predict the probability of PennyMac Mortgage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennyMac Mortgage's price. Additionally, you may evaluate how the addition of PennyMac Mortgage to your portfolios can decrease your overall portfolio volatility.
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Is PennyMac Mortgage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PennyMac Mortgage. If investors know PennyMac will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PennyMac Mortgage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
50.468
Dividend Share
1.6
Earnings Share
1.63
Revenue Per Share
8.308
Quarterly Revenue Growth
2.037
The market value of PennyMac Mortgage is measured differently than its book value, which is the value of PennyMac that is recorded on the company's balance sheet. Investors also form their own opinion of PennyMac Mortgage's value that differs from its market value or its book value, called intrinsic value, which is PennyMac Mortgage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PennyMac Mortgage's market value can be influenced by many factors that don't directly affect PennyMac Mortgage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PennyMac Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if PennyMac Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PennyMac Mortgage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.